Latest from William Foxley
Litecoin Surges; El Salvador Proposes Digital Securities Bill, Paves Way for Bitcoin Bonds
"The Hash" hosts discuss today's top stories including El Salvador's national assembly mulling a draft bill to regulate digital securities which could pave the way for issuing bitcoin-backed bonds. Plus, a closer look at Litecoin's breakout performance ahead of its mining reward halving.
Binance's CZ Reportedly Met with Middle East Investors for Crypto Recovery Fund; Cathie Wood's Latest Moves
Binance CEO Changpeng "CZ" Zhao has been meeting with investors in Abu Dhabi, seeking cash for the exchange's crypto recovery fund, according to a Bloomberg report. Meanwhile, Cathie Wood's Ark Investment Management just bought $1.5 million worth of Grayscale Bitcoin Trust (GBTC) on Monday. "The Hash" team discuss the latest headlines impacting the crypto industry.
FTX Exploiter Developments; Bill Ackman Endorses Crypto Project Helium
The culprit behind the $600 million exploit of crypto exchange FTX started exchanging millions of dollars worth of ether (ETH) to Ren Bitcoin (renBTC), a token that represents bitcoin on other blockchains, early on Sunday. Plus, one of TradFi’s better-known investors, Bill Ackman, revealed on Twitter that he has turned a leaf and is now endorsing crypto.